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The park was named after Mahavir, a Jain saint, in commemoration of his 2500th nirvan anniversary in the year 1975. The place where the park is located was once a private hunting ground for the Nizam, rulers of Hyderabad. A deer park was set up in order to preserve this precious heritage and rehabilitate it.
It was donated by the nizam to establish a national park.

Mahavira Harina Vanasthali is located in the outskirts of Hyderabad, on Hyderabad - Vijayawada road. It is easily approachable from the city. The park is maintained by the TS Forest Department. Guided tours are available within the park.

There is an entry fee for people who wish to enter the park by safari vehicle to view the animals.